GOOW ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The Roundhill GOOGL WeeklyPay ETF (GOOW) is an actively-managed equity ETF with $0.07 billion in assets under management.

Launched in July 2025, GOOW aims to provide weekly distributions and calendar week returns equal to 1.2 times (120%) the calendar week total return of Alphabet (GOOGL) common shares. With an expense ratio of 0.99%, GOOW offers a leveraged approach to capturing the performance of a single, prominent technology stock, primarily targeting investors seeking enhanced returns and weekly income.

Roundhill Investments - GOOGL WeeklyPay ETF (GOOW) ETF — Price, Holdings & Analysis

The Roundhill GOOGL WeeklyPay ETF (GOOW) is an actively-managed equity ETF with $0.07 billion in assets under management. Launched in July 2025, GOOW aims to provide weekly distributions and calendar week returns equal to 1.2 times (120%) the calendar week total return of Alphabet (GOOGL) common shares. With an expense ratio of 0.99%, GOOW offers a leveraged approach to capturing the performance of a single, prominent technology stock, primarily targeting investors seeking enhanced returns and weekly income.

ETF Overview

The Roundhill GOOGL WeeklyPay ETF (“GOOW”) is designed for investors seeking a combination of income and growth potential. GOOW aims to provide weekly distributions and calendar week returns, before fees and expenses, equal to 1.2 times (120%) the calendar week total return of Alphabet common shares (Nasdaq: GOOGL). GOOW is an actively-managed ETF.

The Roundhill GOOGL WeeklyPay ETF (GOOW) is designed for investors seeking a leveraged exposure to Alphabet Inc. (GOOGL) stock. GOOW aims to deliver 120% of the weekly returns of GOOGL, offering the potential for amplified gains (and losses) compared to a direct investment in the underlying stock. The fund is actively managed and utilizes a strategy to provide weekly distributions. As of March 2026, GOOW's top holding is Alphabet Inc Class A (GOOGL), constituting 28.50% of the portfolio. The fund also holds First American Government Obligs X (FGXXX) at 1.51%. The fund is heavily concentrated in the Communication Services sector, with a 100% allocation. GOOW may appeal to investors with a high-risk tolerance who are bullish on GOOGL and seek to magnify their returns on a weekly basis.

Risk Metrics

GOOW presents several risk factors that investors may want to research. The fund's concentration in a single stock, Alphabet Inc. (GOOGL), makes it highly susceptible to company-specific risks. Any negative news or underperformance of GOOGL could significantly impact GOOW's value. The 100% allocation to the Communication Services sector further amplifies sector-specific risks. The fund's 0.99% expense ratio is relatively high, which can erode returns over time, especially when compared to passively managed ETFs with broader diversification. The fund's beta is currently 0.00, but this may not accurately reflect its future volatility due to its leveraged nature. Investors should be prepared for potentially large price swings.

Expense Ratio

0.99%

What does GOOW hold?

Holding	Weight
Alphabet Inc Class A (GOOGL)	28.50%
First American Government Obligs X (FGXXX)	1.51%

How Is the Fund Allocated?

Sector	Weight
Communication Services	100.0%

Country	Weight
Other	75.8%
United States	24.2%

Dividend Yield

0.00%

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State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

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Roundhill Investments - Bitcoin Covered Call Strategy ETF (YBTC) (Equity) — 0.96% expense ratio
Roundhill Investments - Video Games ETF (NERD) (Equity) — 0.50% expense ratio
Roundhill Investments - NFLX WeeklyPay ETF (NFLW) (Equity) — 0.99% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is GOOW and what does it track?

The Roundhill GOOGL WeeklyPay ETF (GOOW) is an actively-managed ETF that seeks to provide weekly distributions and calendar week returns equal to 1.2 times (120%) the calendar week total return of Alphabet Inc. (GOOGL) common shares.

Essentially, GOOW aims to magnify the weekly performance of GOOGL stock.

What is the expense ratio for GOOW?

The expense ratio for GOOW is 0.99%. This means that for every $10,000 invested in the fund, $99 is deducted annually to cover operating expenses.

While this provides access to a leveraged strategy focused on Alphabet (GOOGL), the expense ratio is relatively high compared to broader equity ETFs. This cost when evaluating the potential returns of GOOW may be worth researching.

What are the top holdings in GOOW?

As of March 15, 2026, the top holdings in GOOW are: 1) Alphabet Inc Class A (GOOGL) at 28.50%, and 2) First American Government Obligs X (FGXXX) at 1.51%.

The fund is heavily concentrated in Alphabet Inc., reflecting its strategy of providing leveraged exposure to this single stock.

Is GOOW a good long-term investment?

GOOW's suitability as a long-term investment depends heavily on an investor's risk tolerance and investment objectives. The fund's leveraged strategy and concentration in a single stock (GOOGL) make it inherently more volatile than a diversified portfolio.

While GOOW offers the potential for amplified gains, it also carries a higher risk of significant losses.

How does GOOW compare to similar ETFs?

GOOW differentiates itself through its leveraged exposure to a single stock (GOOGL) and its focus on weekly returns. Most ETFs offer broader diversification across multiple stocks or sectors. GOOW's expense ratio of 0.99% is higher than many passively managed ETFs.

With AUM of $0.07 billion, GOOW is relatively small compared to established broad market ETFs.

Does GOOW pay dividends?

According to the provided data, GOOW has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

The fund's primary objective is to provide leveraged exposure to the price movements of Alphabet Inc. (GOOGL) stock, rather than generating income through dividends. Investors seeking dividend income may want to consider other ETFs with a focus on dividend-paying stocks.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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